Automakers To Hit Congress Hard This Month For Loans That Aren't A…

After a nasty summer of sliding sales » 9/08/08 8:30am 9/08/08 8:30am and eroding market share, domestic automakers are planning to lobby the US Congress for $50 billion in low-interest government loans. The companies claim the money would allow them to modernize plants and develop new fuel-efficient vehicles; ordinarily, automakers would have…